u.s. has been affected by coronavirus pandemic. here's a look at what's live on our website, c-span.org former homelands security officials testifying about possible intelligence failures leading up to january 6th attack on u.s. capitol. there's also it this sad health committee with paid leave options for working families. and the house oversight and reform committee continueses i review of prescription drug pricing with testimony from the ceo of avi farm pharmaceutical company hearings at 10 a.m. eastern. next comparison of the trump and biden administration policies with formaller acting deputy u.s. trade representative wendy cutler she also talks about what trade could look leak after the coronavirus pandemic. and suggest actions that would not need congressional approval. this is hosted by the atlantic counsel. >> i'm christopher codirector of the strategy and securities new american engagement initiative i would like to welcome you today to our discussion on -- in our future foreign

the u.s. has to respond. if the u.s. escalates, this is a very fragile part of the world, from an environmental standpoint. to militarize the arctic could potentially lead to other problems. host: always a good, wide-ranging discussion when you come on.

the u.s., looking at a number of different public programs -- medicaid, medicare, v.a., dod -- big payers for prescription drugs also looking in the private sector. gao had not done for more than a decade, comparing how the u.s. prices look when looking at other -- reflecting other company -- other countries that have a high per capita income. host: give us a sense of the brand name pharmaceuticals you have compared to other countries. guest: we look at two brand-name drugs that were a large part of spending and use in the medicare script drug program, and so in the end, we had 41 drugs that represent significant spending on prescriptions and medicare and that were also available in at least one of three other countries -- australia, france, canada. 20 of those were available in all three countries as well as the u.s., and one example that we traced through with different prices was so nor elect, a commonly prescribed drug for pulmonary obstructive disease. there were 21 drugs that we compared

and in the u.s., $1,229. the u.s. also has, in terms of u gdp, has the highest among the four countries compared in terms of its spending. does that surprise you at all? >> i think that that's what is u prominent in thegs u.s., that i does have not just for dolla prescription drugs but for most health care services, has the highest not only in absolute dollar amounts, cited the $1,200 per person that individuals in the u.s.but are paying for prescription drugs, but also as a share of the economy. and so, you know, i think that was expected. what our report kind of showed s th thatel a big factor in that actually just the price of the drugs themselves, the spending affects both the prices and the amount that's being spent. and this report shows that the actual price for the exact same drug is significantly higher foh brand name drugs that we looked at in the u.s. and other countries, which contributes to why the u.s. is spending more per person and as a share of its economy on prescription drugs. l >> we have calls wai

the u.s. the attorney general for washington, d.c. suing the retail giant for policies that allegedly led to higher prices. melbourne's covid-19 fears rise with increased restrictions. authorities are racing to track down thousands of football fans after a person tested positive and attended an asl game. haidi: we are getting some news, potentially looking at the extension of the virus emergency measures. this is a courting -- according to europe saying tokyo is considering seeking an extension of the virus. this comes as we have the drumbeat towards the tokyo olympics and also coming as the u.s. government says america should avoid traveling to japan. just one of the aspects as we continue to see virus cases see -- stay high in the country. shery: take a look at wall street, we are seeing u.s. futures rising after the s&p 500 fell, fluctuating throughout most of the session and ending in the red. the nasdaq 100 outperforms. we had new u.s. home sales outperforming and consumer confidence slip

the u.s. trade. wendy also possesses deep knowledge in east asia which is of particular importance given its economy. he has written extensively at u.s. policy towardstt china including religion to trade and commerce. thank you again for sharing your expertise with us today. as the united states slowly emergence of more induced, and the u.s. economy begins to pick up this is a perfect moment to discuss the state ofo the u.s. trade strategy and how u.s. trade relations fit into the bynum administration foreign policy. i am particularly interested to know successful and sustained datable u.s. policy would look like in light of the biden administration to pursue a foreign policy for the middle class. can we also have trade policy for the middle class. i look forward to hearing wendy's thoughts on this matter. leslie before i forget thank you viewers for joining us for this event. if you have a question like to ask wendy please submit using the q&a function on zoom or tweet your question to at. wi

and u.s. elimination, but are now seemingly reopening in a way australia, new zealand, other places, singapore, for example, keep stumbling because even one case is too many. grant: each country takes its own approach and i am not going to make a judgment on other countries. what i know for new zealand is that our elimination strategy has worked. we have largely been able to live our lives as normal, businesses have been open, concerts have happened, things have happened within periods of lockdown, but mostly limited ones. this is a pandemic, it will have waves in it, it will have new variants, and that is something we as a planet have to respond to. but we will continue to engage with other countries on what the politics -- on what the possibilities are. haidi: how concerned are you about the property market overheating? we have heard time and again the last few months there may need to be further measures taken. will they be macro measures, measures taken in a policy-setting? grant: today we

., u.s. and iran. iranian people, i think that trust is not just on this nuclear deal that got a abandoned by trump administration and subsequently opposing the sanctionings and had is damage the economy damaged the economy for ordinary iranian not just for the government. it goes all the way back to 53 we trusted america to not interfere in democratic process they overthrew and our hero, we trusted that they would be on our side and -- human on human right issues and not training the cia and come in and train to be torture techniques all of that. we lost the trust there and we didn't trust them after the revolution because they sided with saddam and chemical weapons, and nobody ever helped iran and in that war which has been -- imposed on iran. so this trusting goes on and on from 1953 as you point out now it is particularly because okay now so iranian currency has been devalued. there are shortages of medicine in iran people are in the middle of coronavirus are dying. so this trust issue is

agenda with iran, it is very much u.s. to message politics and the u.s.srael relationship. >> i want to ask you more about the nature of the deal itself. the u.s. as a rent needs to dismantle some of its nuclear activities before the u.s. is going to join the deal. what will the u.s. need to see to get to a position where it would be willing to rejoin? >> that's a very good question. it is not only the united states but also the three european powers. what i understand is since iran stepped out of the jcpoa limits on enrichment, starting in the summer of 2019, it has gathered experience in operating the centrifuges and reaching 22% and now up to 60%. somehow, this expertise leads neat -- not only that the extra centrifuges are more authentic and off-line, but that the data accumulated over the past two years is also erased. this is something very difficult . there is no way of verifying this period i understand iran is not prepared to do that. it is also arguing for maintaining some advances it has made in operating the advanced centrifuges and it says th

biden says the u.s. will not reach the cap this year. a question that has intrigued berkshire hathaway investors for years. warren buffett has answered the succession question publicly. buffett told cnbc greg abell would take over if buffett were to step down. abell now runs noninsurance businesses. buffett himself is 90 years old. global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm vonnie quinn. this is bloomberg. >> coming up, currency volatility and the impact on corporate earnings. ♪ >> the real battlegrounds may be in currency. indices raising their all-time highs in february before retreating slightly with em currencies at a crucial level. this might just be the month to pay attention to foreign exchanges. our next guest says the negative currency impact on corporate earnings fell the last quarter. could this be the calm before the storm? >> i think it was in q4 and we are going to see q1 faced serious

u.s.nds its top diplomate to bolster peace efforts in the middle east. we will have live reports from the region. >>> and exclusive details on that w.h.o. investigation in wuhan. what may have been overlooked while studying the spread of covid-19. ♪ >>> thanks for joining us. well, today marks the one-year anniversary of george floyd's death at the hands of police. former officer derek chauvin was recently convicted of his murder. floyd's killing sparked a global outcry for racial justice with protesters demanding police reform and chanting floyd's last words "i can't breathe." in the coming hours several events to honor floyd's life have been planned in minneapolis and floyd's family will meet privately with u.s. president joe biden at the white house. mr. biden had hoped to sign a police reform law today as well, but while lawmakers say they are hopeful they will eventually reach a deal, several sticking points still need to be negotiated. cnn's joe johns is in minneapolis with more. >>

finally, a word on the u.s. the u.s. wished none of this had happened, they had a policy predicated on continuing things. it happened. the u.s. is in a difficult position. the u.s. has to lead any cease-fire and de-escalation efforts. the u.s. has to remind the partners of its own equities in terms of the conflict itself also how it impacts u.s. allies in egypt and the others, but the u.s. should not do it in a way where it gets too dragged into this. at the end of the day i think the administration was correct, we cannot get engaged in high diplomacy, so we have to continue with this. one operational point, i think as was said, the staff dealing with this are extremely qualified, knowledgeable, etc., but they need support from the public level could -- political level. the trick is how do you manage this that political intervention from washington helps our full -- folks on the ground without dragging us in more than we want to get involved in? with that, i conclude and look forward to the conversation. david: thank you

the u.s.rade chief get set for her first meeting with chinese counterparts. she speaks with officials as early as wednesday as washington looks to build on a trade deal. >> pressure grows on australia's government to speed up vaccinations after covid-19 cases rise in melbourne. authorities are not ruling out a new lockdown. >> a picture across wall street. u.s. futures are unchanged at the open. this after we saw u.s. stocks gaining modestly in the new york session. small caps taking the lead. we had the russell 2000 outperforming other benchmarks after losing ground to mega tech or the dow fluctuated and finished unchanged on its 125th birthday. the s&p was led higher. banks advancing after day one of the ceo costs on the largest lenders testifying before congress. they are under pressure after climbing to the highest in more than a week after we saw u.s. crude stockpiles falling. haidi: let's get to our top story. a tiny actavis investment firm has won two seats -- three seats, a third has b

u.s.ff of assistance where he led u.s. government response to international disasters. he led humanitarian responses to things like the ebola outbreak in west africa. jeremy, thank you for being with us today. we really want to hear what you have to say. jeremy: that's a very generous introduction. i want to talk today about how u.s. aid are seeing the outlook. the intro highlighted the challenges we are seeing in india and south asia. i think it underscores the challenges that we are going through. it's the reality of our large-scale vaccinations that are still somewhat distant for the world at large. so it has been almost a year and a half the world has been experience a globe will health crisis unlike anything we have seen in our lifetime. in the u.s. government is absolutely committed to doing our part in playing a leadership role that the world is accustomed to seeing for the united states to help lead the world out of this pandemic. and to do that in a way that we can do in a better

u.s. futures under a little bit of pressure after we saw the s&p 500 falling. we had a day of gains and losses despite solid results from the likes of macy's and home depot. we will hear from target and lows as well later. you can see the energy sector, the worst in two weeks. this put into context after 40% gain year-to-date. the dollar index we saw is falling to around a four month low. rick's sentiment was boosted by comments from the fed vice chair that play down the risk of policy tightening. we are watching for the fed's april meeting minutes and wti dropping after reports we could see significant progress being made between the u.s. and iran on that nuclear deal. haidi: let's take a look at how we are setting up when it comes to markets. inflation fears continue to plague investor sentiment. sophie, what are you watching? sophie: seeing downside moves for kiwi stocks. hong kong is off-line. we are seeing the potential for losses of more than 1% in tokyo and sydney. pandemic concerns

but the u.s. committed to working with europe to find a solution to the real problem that led to the tariffs, and that is global overcapacity. they've given themselves, i think, till the end of the year to work out steel and aluminum with the eu and we'll have to see how those negotiations proceed. >> did you see in your conversations, and given your experience having negotiated some extremely thorny trade issues in the past, it really strikes me in the trump administration, the president often used tariffs almost as a coercive measure or weapon, to say, okay, give us what we want. and if you don't, i'm going to slap tariffs on you. that's certainly the case with turkey. you saw that, obviously, with the european union and france. is there a loss of trust that the biden administration won't be able to restore? it seems the trump administration opened panned or a pandora's box. is there enough trust to resolve these thorny trade issues when negotiations will last likely years, potentially into 2024

the u.s. has to respond. if the u.s. escalates, this is a very fragile part of the world, from an environmental standpoint. to militarize the arctic could potentially lead to other problems. host: always a good, wide-ranging discussion when you come on. -- the medal of honor. ♪ susan: greg francis, you have a new book out called "just harvest." what is it story? greg: this is a story that depicts the plight of black farmers in america in a landmark case

the u.s. slows to 15% -- the u.s.% global minimum tax on corporate -- global minimum corporate tax. this is bloomberg. ♪ ♪ >> becoming a public company allows us to make a greater impact. with size, we can actually just continue to do what we do though at greater scale. i think that is something that is positive for the planet and the people. anna: that was the ceo of oatly, the swedish vegan food and drink maker that ipo'ed in new york yesterday. i am not sure we are post milk. they're interesting to watch how successful the ipo has been an interesting to watch the company's story. they seem to many like an overnight success and it's been 20 years in the making. mark: absolutely phenomenal. it is certainly only come onto my radar and i think we both discovered yesterday how many passionate people there are on the european market open's team around alternative milks out there. as you, say this has been a long-term story in the making and i think it's the same with a lot of these new food technologies coming through. i

u.s./china relationship. one of the things that we constantly worry about on this committee is income inequality. i believe that a lot of that is a result of globalization. people and resources can move production around the world and that china has taken advantage of that. we thought they would be good global players and we let them into the wto and it's worked out the opposite where they're stealing from us and taking advantage from us and stealing millions of american jobs. where i'm a big believer in free trade, it also has to be fair. i totally backed the trump administration on the imposition of the tariffs. china illegally produces steal and runs our country out of business to have a monopoly. what i am worried about, given the biden family's well-documented financial ties with china is that they will back off these things. these steal tariffs were a jumping off point to get china to the table to eventually work on a bilateral trade agreement. the wto has been wholly insufficient in

the u.s. in the good friday agreement. because it is a u.s. priority, and because we must not just deal with the troubles of today, but also deal with the issues of full implementation going forward. with that said, i hold this hearing to allow us to better understand the process and long-standing implications of the good friday agreement in the present day. with that, i will recognize for opening statements. >> good afternoon. thank you, chairman keating, and to our esteemed witnesses today who were instrumental in ushering peace and stability in northern ireland. the united states remains committed to supporting the hard won progress made in northern ireland since the good friday agreement, and helping achieve a prosperous and lasting peace. ireland and northern ireland are a dear place for me and for the people of pennsylvania that i represent. i know the people that everyone in our community represents. my grandfather migrated from the border region. my father helped found the irish-americ

the u.s. is drawing up sanctions against belarus after it used a fake-bomb threat to force a plane to land, and arrest a political critic. >>> and for many in the united states, the first-holiday weekend with a little less covid stress. with cases falling, the worry now is that so are the number of vaccinations. fts. >>> live from cnn world headquarters in atlanta, welcome to all of you watching here, in the united states, canada, and around the world. i'm kim brunhuber, this is cnn "newsroom." >>> u.s. senate republicans have kept their word. blocking a crucial bill, that would have established a commission to investigate the january-6th insurrection on capitol hill. only-six republicans sided with democrats in friday's vote. with just a few short months ago, many republicans were adamant that a 9/11-style commission into the capitol security was needed. their opposition, now, shows just how much of a grip former-president donald trump, still, has on much of his party. it's something the sena

in the u.s. you have masses of data as well and the nature of your system makes it hard to collect all of that in one very visible place. the only way to deal with this and vaccine hesitancy is to launch a big campaign around it. otherwise you will find that all of these vaccines, the small number of people for whom they are a problem, the problem of getting covid is infinitely greater. we will publish a report in the next couple of weeks about covid and the people who recover and still have a lot of problems. we really need to educate our younger people, that just because -- it's not a good idea to get covid. if you can avoid it, do it. your second bit, i went on too long, is about -- dr. fink: it's all important. the second bit was about if you want to talk more about that strategy, the strategy for other doctors. dr. fink: find out -- amb. green: find out where the vaccine production is happening -- [indiscernible] using existed and repurposed strategy and get it redistributed according to a p

u.s. warns people not to travel because of a fresh flow of confidence ahead of the olympics. take a look at what wall street is doing now, u.s. futures are gaining a little bit of ground after the s&p 500 rose in their new york session. almost all grouped in the s&p 500. tech led the gains. climbing as inflation fears ease. nasa 100 outperformed the index out the closing of the two week high. crypto reeling to stocks near the session highs after elon musk tweeted that he is in talks with bitcoin miners about their energy usage. we are seeing wti coming online after a little bit of pressure, climbing the most in a month. they remain in negotiations aimed at reaching a deal to end u.s. sanctions. let's see how we are standing up for the asian open. here is sophie in hong kong. sophie: looking at a mixed start for asian markets after we see the index with a little change as the gain from cyclicals was offset by the drops we saw in tech shares. in the currency space, the yen is off after edgin

the u.s.ry of state antony blinken expected to visit the region in the coming days. now, in gaza city hamas militants paraded through the streets to show that they are still in control. israel's foreign ministry calling on the international community to condemn and disarm those militants. much of gaza's basic infrastructure was crippled in the conflict. nearly half of its 2 million residents do not have access to clean drinking water. and the schools are effectively shut down. homes destroyed. the people of gaza are now burdened with trying to recover tr 11 days of shelling and airstrikes, and it will not be easy. the u.n. citing figures from the hamas leadership says more than 250 buildings were destroyed. more than 760 shops and homes unusable. cnn's ben wedeman is in gaza city. >> reporter: depending on where you are in gaza, life seems to be getting back to normal. here in gaza city's main square children play in the evening cool. but just one block away the extent of the damage from the h

the u.s.started its official withdrawal over the weekend. attacks have been surging leading up may 1, the previous pullout date agreed to by the trump administration. biden announced the u.s. will withdraw instead by september 11, the 20th anniversary of the 9/11 attacks. fighting was also reported in other parts of the country. back in the united states, president biden has tapped richard cordray, the former director of the consumer financial protection bureau, to manage the federal student aid program within the department of education. the move was welcomed by progressives as student campaigners and many top democrats continue to pressure biden to use executive action to cancel at least $50,000 in student debt per borrower. a federal judge has ordered the justice department to turn over an internal memo used by then-attorney general bill barr in 2019 to justify clearing former president trump of obstructing justice in relation to the russia investigation. the judge accused barr of misleadin

in the u.s. you have masses of data as well and the nature of your system makes it hard to collect all of that in one very visible place. the only way to deal with this and vaccine hesitancy is to launch a big campaign around it. otherwise you will find that all of these vaccines, the small number of people for whom they are a problem, the problem of getting covid is infinitely greater. we will publish a report in the next couple of weeks about covid and the people who recover and still have a lot of problems. we really need to educate our younger people, that just because -- it's not a good idea to get covid. if you can avoid it, do it. your second bit, i went on too long, is about -- dr. fink: it's all important. the second bit was about if you want to talk more about that strategy, the strategy for other doctors. dr. fink: find out -- amb. green: find out where the vaccine production is happening -- [indiscernible] using existed and repurposed strategy and get it redistributed according to a p

the u.s. the nasdaq performing worse than other small caps, outperforming. that is perhaps a conversation we will return to. in terms of futures, a little bit of nasdaq underperformance but the european equity market futures do signal a bit of upside, point 3% or so, and the u.s. picture for you, dow futures looking a little bit brighter than the rest. nasdaq futures fairly flat. that's have a look at the gmm and this shows you some of the things we were talking about in our headlines. we have this proposal in the biden administration. it does not necessarily mean that this is what will get through but in terms of the biden administration's intentions, it's a nice look at the details of the spending plan that they would put into play. we have jobless claims that made markets look perhaps on the brighter side so that is the picture we are seeing, lifting equity markets, so we are risk-on when you look at the commodities side. interesting note from goldman sachs on the lack of ability of china t

u.s. secretary of state anthony lincoln has arrived in ukraine for talks with president followed amir selenski he is expected to reassure kiev of u.s. support after russia amassed more than 100000 troops along the prince eastern frontier the country's anti corruption efforts the last of the on the agenda. voters in scotland are going to the polls on thursday in an election that could decide the fate of its independence movement 1st minister nicola sturgeon says that a fresh majority for her scottish national party would be a mandate for pursuing a 2nd independent strive to break away from the u.k. . hong kong democracy activist joshua wong has been sentenced to another 10 months in jail for participating in an unauthorized protest wang is one of the most prominent faces of the pro-democracy movement he's already serving time in prison for his role in other protests he was handed this lead this intense for attempting to commemorate in the 1989 tiananmen square massacre in beijing 3 other ac

u.s.co-data ways on wall street. a reversal in fortunes in the bloomberg covid resilience rankings. asia-pacific countries are the best places to write out the virus. shall mean says the u.s. court has formally lifted all restrictions on shares as it prepares the report earnings. we take a look at what to expect as it emerges from the pandemic. haidi: let's take a look at how we are setting up this midweek session. sophie. sophie: we may see some consolidation at the msci index cap with a four-day gain. that is the best winning streak in about five weeks. we are seeing a move to the upside for nikkei futures in chicago. kiwi stocks gaining some ground ahead of the rbnz decision. looking for any tapering potentially from governors lady today. the dollar in focus. it has slipped to a january lowl , while trading at six year lows. that is why the yuan is trading at a three year high. we will watch the tolerance for that yuan strength. while we are seeing the dollar under pressure, turning up

the u.s. trade chief gets set for a first discussion with chinese counterparts. -- could speak with beijing officials on wednesday as she seeks to build on a trade deal. big oil. exxon shareholders voting with board members while a dutch court orders shall to speed up emissions cuts. the justice department opens an investigation into the meltdown of a capital company that left big banks nursing $10 billion in losses. haidi: let's get it over to sophie kamaruddin, taking a look at the start of trading this thursday. sophie: futures little changed in asia after the index capped its gains. we will be watching chinese tech names after xiaomi's earnings came out. we have lenovo's report later this thursday. on the calendar, the bok policy decision. looking for any tweaks to inflation and growth forecasts. in new zealand, the are being governor -- rbnz governors saying they see a path to tightening by mid-to-late next year. the kiwi dollar has given up the gains we saw yesterday, sparked by the rbnz

economy and u.s. companies. by all accounts, the biden plan will actually make the u.s. an outlier once again with one of the highest corporate tax rates in the industrialized world and a very uncompetitive international tax code which will sit back competitiveness of u.s. companies and put them behind the eight ball and trying to compete overseas against our foreign competitors. host: the american jobs plan with the president has talked about, the idea of the corporate tax structure, would raise the corporate income tax, currently at 21% to 28%. what's wrong with that 28% figure? guest: we need to also add onto that the average state rate which is about 5.5%. when you add those together, it puts the u.s. corporate tax rate over 32% which, once again, puts us at one of the highest corporate tax rates in the industrial world. even worse in some respects is the fact that the text base of the corporate code is quite broad right now. a lot of the old deductions have been removed. the effective rate on u.s. corporations will go up quite are medically. that will harm the u.s.

u.s.ff of assistance where he led u.s. government response to international disasters. he led humanitarian responses to things like the ebola outbreak in west africa. jeremy, thank you for being with us today. we really want to hear what you have to say. jeremy: that's a very generous introduction. i want to talk today about how u.s. aid are seeing the outlook. the intro highlighted the challenges we are seeing in india and south asia. i think it underscores the challenges that we are going through. it's the reality of our large-scale vaccinations that are still somewhat distant for the world at large. so it has been almost a year and a half the world has been experience a globe will health crisis unlike anything we have seen in our lifetime. in the u.s. government is absolutely committed to doing our part in playing a leadership role that the world is accustomed to seeing for the united states to help lead the world out of this pandemic. and to do that in a way that we can do in a better

the u.s. restricts travelers from india citing the spike in infections there and a highly contagious variant of the virus. the soldiers are alive from a headquarters in doha and daddy navigator also coming up a deadly car bomb in afghanistan as peace talks between the government and taliban resume and foreign troops begin withdrawing. israel begins bring the victims of a stampede at a religious festival the prime minister describes it as one of the country's worst disasters while many businesses began small struggle will be economic impacts of the pandemic one company has just posted record profits. hello the u.s. has become the latest country to impose restrictions on most travelers from india due to the spiraling number of cope with 1000 cases there starting on tuesday only u.s. citizens on permanent residents will be allowed in india is battling a 2nd wave of infections and continues to register the world's highest single day infections. has more from washington d.c. . the white house says

how does the u.s.'s policy factor into this? simone: the u.s. team have very much been pushing for a return to that 2015 nuclear deal and despite pushback from netanyahu even yesterday, i don't think that will change. no one thinks that's going to change. experts believe we are likely to see a deal reached on a return to the jcpoa, potentially even as soon as the end of june and perhaps even before the iranian presidential election. the iranian presidential elections will be key not just to the u.s. and iran relationship the way that israel and iran send messages at each other. seven mostly hardline candidates. those are the only folks that are going to be on the ballot. particularly, an ultraconservative cleric, seen as the frontrunner. iran always taking a pretty hostile message towards israel but if we get a more hardline person looking out in the months ahead and years ahead, we could see even harsher rhetoric between the two sides. manus: thank you very much. simone foxman at our studio in doha, tracking the middle east headlines. first wor

but the u.s. committed to working with europe to find a solution to the real problem that led to the tariffs, and that of global overcapacity. they have given themselves i think to the end of the year to work out a solution on steel and aluminum, and we'll have to see how those negotiations proceed. >> do you see in your conversations and given your experience having negotiated some extremely thorny trade issues in the past it really strikes me a trump administration, the president often used tariffs almost as a coercive measure or a weapon to say, okay, give us what we want, and if you don't i'm going to slap tariffs on you. certainly the case with turkey. you see some of that with the european union, france. is there a loss of trust in there that the biden administration simply won't be able to restore? it felt a little like the trump administration was opening a pandora's box where trade and tariffs were being used in new and innovative and potentially hostile ways. is there enough trust to be

the u.s. media julies its government rather than question its government the only time they question it is if they're doing it for ideological reasons based on their particular identity i am a side of the sea will question the republican president fox news will question the democratic president but neither one is really questioning for the sake of what's healthy for our country in other words there was a time when journalism in america meant that if we thought a car country was doing something wrong these are the vietnam we question the actions of the naacp we said to our own government you're wrong and i want you to prove to us why you're doing what you're doing today anyone that we go into is a good war and enemy that our leaders say isn't their enemy we just say i os are ok i guess there are adamant that's wrong and they're giving them carte blanche to do what they're doing and it's all agreed when they know that the media as not going to hold them to account for these politicians or run am

the u.s.but if this is still a problem in a few days' time, this will become a macro factor because it plays into the biggest bogeyman for markets out there and that is inflation. if this starts feeding into higher prices at the pump for u.s. consumers than the cpi prices will be higher yet again and that means yields must trade higher. anna: let me ask you about your response or take away from the jobs report on friday given that we have a lot of data coming out including inflation data in the u.s. and elsewhere. we saw a reaction across assets to the disappointment on the jobs creation front. many focusing on the fed story. you focus on the dollar slump. it seems we have almost unwound gains on the dollar. i wonder where you think we are on the dollar story. mark: i think people have reset to the start of the year. we came into the air with people bearish on the dollar. people got it wrong in the first quarter. it cleaned a lot of people out. people say the longer term fundamentals are still

in other news, the u.s.enters for disease control says that people who are vaccinated against covid-19 no longer need to wear masks in most places, but still advises using one in crowded settings such as buses, planes, and hospitals. nearly 59% of adults in the u.s. have received at least one dose of the vaccine. politicians in brazil have heard how the government ignored buying tens of millions of vaccine doses. a contract with pfizer was only signed does go months ago. a senator is looking into whether the government was criminally negligent in its handling. those are our headlines and i will have more news for you right after "inside story or -- inside story, stay with us. ♪ >> al jazeera, wherever you are >> israeli airstrikes continue in gaza. the worst violence in years is intensifying each day with dozens killed. so far, israeli and palestinian leaders are ignoring international calls for calm. what can be done to avoid a full-scale war? this is "inside story." ♪ >> hello and welcome to the program. p

the u.s. secretary of state antony blinken's speech of the un security council on friday, saying he is expected to defend a rules-based order at the one -- u.n.. is this a continuation of maintaining pressure on beijing? one of the few points of consistency from the previous administration. tom: absolutely. when it comes to china policy, the continuity is pretty clear between the biden administration and the trump administration, even if the rhetoric and the dealings between officials is arguably very different. according to sources, our sources in washington, six sources, they are the biden administration that they will continue the ban on u.s. investments in certain chinese companies. but decision has not been made. the talks are ongoing. according to our sources, this is the likely outcome. just a reminder, this was initially put in place by the trump administration in november. targeting what the pentagon says are chinese companies that have links to the chinese military. prominently compa

the u.s. troops left iraq. isis captured mosul. secondly, the complete withdrawal of u.s. troops will make it much harder and more expensive to effectively support our afghan security partners over the horizon counterterrorism does not work, general mackenzie, the commander testified, quote, the ranges will be greater, the resources will be greater, the risks will be -- will all be greater. third, the u.s. draw down puts at risk thousands of afghan -- i think a lot of people realize this. this article written in the "usa today" makes it clear and it's scary and we'll talk about that in the questions that i have. so i thank both of you to your testimony and look forward to working with you in p this endeavor. thank you mr. chairman. >> thank you, senator inhofe. would you begin, please? >> good morning, chairman reed, ranking member inhofe and members of this committee. thank you for the opportunity to provide an update on the withdrawal of the remaining u.s. forces from afghanistan. i apprecia